Mar 17, 2010, 04.33 PM | Source: Reuters
Healthcare and IT solutions provider Religare Technologies Ltd has acquired the healthcare business of Sobha Renaissance Information Technology Private Ltd.
Sobha Renaissance is a company promoted by the founder of Sobha Developers . The financial terms of the acquisition were not disclosed.
Sobha stock price
On May 27, 2016, Sobha closed at Rs 305.25, up Rs 10.70, or 3.63 percent. The 52-week high of the share was Rs 438.00 and the 52-week low was Rs 230.05.
The company's trailing 12-month (TTM) EPS was at Rs 13.96 per share as per the quarter ended March 2016. The stock's price-to-earnings (P/E) ratio was 21.87. The latest book value of the company is Rs 253.18 per share. At current value, the price-to-book value of the company is 1.21.